The neural basis of loss aversion in decision-making under risk

被引:1113
作者
Tom, Sabrina M.
Fox, Craig R.
Trepel, Christopher
Poldrack, Russell A.
机构
[1] Univ Calif Los Angeles, Dept Psychol, Los Angeles, CA 90095 USA
[2] Univ Calif Los Angeles, Anderson Sch Management, Los Angeles, CA 90095 USA
[3] Univ Calif Los Angeles, Inst Brain Res, Los Angeles, CA 90095 USA
[4] Univ Calif Los Angeles, Dept Psychiat & Biobehav Sci, Los Angeles, CA 90095 USA
关键词
D O I
10.1126/science.1134239
中图分类号
O [数理科学和化学]; P [天文学、地球科学]; Q [生物科学]; N [自然科学总论];
学科分类号
07 ; 0710 ; 09 ;
摘要
People typically exhibit greater sensitivity to losses than to equivalent gains when making decisions. We investigated neural correlates of loss aversion while individuals decided whether to accept or reject gambles that offered a 50/50 chance of gaining or losing money. A broad set of areas ( including midbrain dopaminergic regions and their targets) showed increasing activity as potential gains increased. Potential losses were represented by decreasing activity in several of these same gain-sensitive areas. Finally, individual differences in behavioral loss aversion were predicted by a measure of neural loss aversion in several regions, including the ventral striatum and prefrontal cortex.
引用
收藏
页码:515 / 518
页数:4
相关论文
共 29 条
[1]  
ABDELLAOUI M, IN PRESS MANAGEMENT
[2]   MYOPIC LOSS AVERSION AND THE EQUITY PREMIUM PUZZLE [J].
BENARTZI, S ;
THALER, RH .
QUARTERLY JOURNAL OF ECONOMICS, 1995, 110 (01) :73-92
[3]   Functional imaging of neural responses to expectancy and experience of monetary gains and losses [J].
Breiter, HC ;
Aharon, I ;
Kahneman, D ;
Dale, A ;
Shizgal, P .
NEURON, 2001, 30 (02) :619-639
[4]   Three cheers - psychological, theoretical, empirical - for loss aversion [J].
Camerer, C .
JOURNAL OF MARKETING RESEARCH, 2005, 42 (02) :129-133
[5]   How basic are behavioral biases? Evidence from capuchin monkey trading behavior [J].
Chen, M. Keith ;
Lakshminarayanan, Venkat ;
Santos, Laurie R. .
JOURNAL OF POLITICAL ECONOMY, 2006, 114 (03) :517-537
[6]  
CONGDON E, 2005, COGNIT NEUROSCI REV, V4, P262
[7]  
Dale AM, 1999, HUM BRAIN MAPP, V8, P109, DOI 10.1002/(SICI)1097-0193(1999)8:2/3<109::AID-HBM7>3.0.CO
[8]  
2-W
[9]   Frames, biases, and rational decision-making in the human brain [J].
De Martino, Benedetto ;
Kumaran, Dharshan ;
Seymour, Ben ;
Dolan, Raymond J. .
SCIENCE, 2006, 313 (5787) :684-687
[10]   Dorsal striatum responses to reward and punishment: Effects of valence and magnitude manipulations [J].
Delgado, M. R. ;
Locke, H. M. ;
Stenger, V. A. ;
Fiez, J. A. .
COGNITIVE AFFECTIVE & BEHAVIORAL NEUROSCIENCE, 2003, 3 (01) :27-38